Intel to set up a tech development centre in Hyderabad

The proposed Intel's tech development centre is expected to create 1,500 jobs initially, which could go up to 5,000 over the next few years.ETtech | November 10, 2018, 06:36 IST

Tech giant Intel is setting up a technology development centre in Hyderabad.

A delegation led by Intel India chief Nivruti Roy met Telangana IT and Industries minister KT Rama Rao on Friday to convey the decision on setting up the centre in Hyderabad. The proposed centre is expected to create 1,500 jobs initially, which could go up to 5,000 over the next few years.

In the meeting, Intel delegation and the Minister discussed about the Industrial policy of Telangana and the infrastructure available in the state "We are very happy that Intel decided to start a tech centre in Hyderabad", Rao said.

The Intel India team has also explored opportunities for electronics and semiconductor manufacturing and the ecosystem's capabilities under the 'Make in India' programme.

Rao may meet Intel's global leadership team to invite them to set up a manufacturing facility in Hyderabad, the release said.